China's Crude Steel Output in November Up 5.0% Year Over Year

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Researched by Industrial Info Resources China (Beijing, China)--China produced 66.29 million metric tons of crude steel in November, an increase of 5.0% over the same month in 2015, according to the National Bureau of Statistics of China.

The bureau reported output of steel products in November was 95.4 million metric tons, up 1.7% year over year. Meanwhile, pigment production reached 57.23 million metric tons, up 5.3%; coke production reached 38.77 million metric tons, an increase of 5.7%.

China imported 1.11 million metric tons of steel products in November, an increase of 2.77% over imports in October, according to China's General Customs office. At the same time, the export of steel products reached 8.12 million metric tons, an increase of 5.45% over October's numbers. Coke exports totaled 930,000 metric tons, up 6.9%.

China's output of 10 major nonferrous metals totaled 4.59 million metric tons, an increase of 2.3% year over year, according to the National Bureau of Statistics. This included 2.8 million tons of aluminum ingots, up 3.8%.

For the first 11 months of this year, China's crude steel output reached 738.94 million metric tons, up 1.1% over the same period in 2015. Output of steel products from January through November reached 1.04 billion metric tons, an increase of 2.4% year over year.

Pigment output for the first 11 months of this year reached 643.26 million metric tons, a 0.4% increase. Coke production was 410.53 million metric tons, a drop of 0.2% year over year.

Accumulative output of 10 major nonferrous metals reached 47.8 million metric tons from January through November, a 1.3% increase over the same 11 months of 2015. This included 28.98 million metric tons of aluminum ingots, down 0.7%.

During the first 11 months of 2016, China's imports of steel products reached 12.02 million metric tons, an increase of 3.6% year over year, and steel exports were 100.68 million metric tons, a drop of 1.0%. Iron ore imports reached 935.24 million metric tons, an increase of 9.2%; coke exports reached 9.22 million metric tons, an increase of 12.4%.

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